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Indian forex reserve
INDIAN FOREX RESERVE NEWS
India's forex reserves hit two-month low
February 23, 2024 7:24 pm
Changes in foreign currency assets are caused by the RBI's intervention as well as the appreciation or depreciation of foreign assets held in the reserves.
India's forex reserves jump USD 4.03 bn to USD 598.89 bn
September 08, 2023 7:18 pm
In the previous reporting week, the overall reserves had dropped by USD 30 million to USD 594.858 billion.
India's forex kitty drops USD 1.98 bn to USD 607.03 bn
July 31, 2023 4:26 pm
The overall reserves had increased by USD 12.743 billion in the second biggest rise in seven days in recent times to USD 609.022 billion in the previous reporting week.
India's forex reserves drop by USD 5.68 billion to USD 561.26 billion
February 24, 2023 7:41 pm
The country's reserve position with the IMF was down by USD 34 million to USD 5.111 billion in the reporting week, the apex bank data showed.
Forex reserves rise for 2nd week in a row
January 28, 2023 2:16 am
"Net FDI flows remain strong and foreign portfolio flows have resumed since July 2022, with intermittent outflows from time to time. The size of forex reserves is comfortable," Shaktikanta Das, Governor, RBI said at an event.
India's forex reserves rise at fastest pace since August 2021
November 18, 2022 5:58 pm
In the week ended November 11, softer-than-expected U.S. inflation data helped the rupee mark its best weekly performance in about four years and strengthened it to the 80-per-dollar handle for the first time since mid-September.
Forex reserves continue to fall amid rupee slide, down by $5.2 billion
September 24, 2022 4:27 am
While some part of the decrease could be due to valuation changes, currency experts said much of it would be due to the central bank intervening in the currency market to prevent the rupee from depreciating more sharply against the US dollar.
Explained: Making use of forex reserves
July 25, 2022 6:53 am
India’s foreign exchange reserves have dipped $70 bn in 10 months. Before that, India had accumulated these in a most unconventional manner — which it is now deploying to defend the rupee.
‘India builds up forex reserves as China, others eye foreign assets’
April 21, 2022 4:50 am
Global reserves increased steadily from US$ 2 trillion in 1999 to US$ 12 trillion by 2014, but stagnated thereafter. “As a share of global GDP, after rising from 5.5 per cent in 2000 to 15.4 per cent in 2014, they are now below 14 per cent,” Credit Suisse said.
Forex reserves drop $11.17 billion
April 09, 2022 3:55 am
The steep fall in the reserves was because of a decline in the core currency assets, which fell by $10.727 billion to $539.727 billion
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